BUSINESS

The Friedrich Naumann Foundation for Freedom (FNF), in partnership with Nyima’s Bantaba Media Platform, is spotlighting changemakers who are transforming narratives and reshaping Africa’s future. As part of a series of interview publications (VOD & Podcast), Nyima’s Bantaba Media Platform features four innovators across East and Southern Africa who are not only talking about change but building it from the …

Bilateral trade between Germany and Nigeria surged by 30 per cent to about €3 billion (≈ US $3.2 billion / ₦4.8 trillion) in 2025, according to German Ambassador to Nigeria, Annett Günther. Nigeria is now Germany’s second-largest trading partner in Sub-Saharan Africa, the diplomat said at a press briefing in Abuja on Thursday. The sharp increase in trade volume comes …

One of the distinguishing features of the 2025 Nigeria Diaspora Investment Summit is the confirmed presence of President Bola Ahmed Tinubu as Special Guest of Honour. This elevates the event to a high-stakes opportunity for Nigerians in diaspora seeking meaningful engagement with the highest levels of government The 8th Nigeria Diaspora Investment Summit (NDIS) 2025 is a can’t-miss opportunity for …

A high-profile German delegation of companies in the film and creative sectors will visit Nigeria, from 3 – 7 November 2025, in a landmark initiative organised by the Delegation of German Industry and Commerce in Nigeria (AHK Nigeria) together with SBS Systems for Business. Backed by the German Federal Ministry for Economic Affairs and Energy (BMWE) under its Market Entry …

The Friedrich Naumann Foundation for Freedom (FNF), in partnership with Nyima’s Bantaba Media Platform, is spotlighting changemakers who are transforming narratives and reshaping Africa’s future. As part of a series of interview publications (VOD & Podcast), Nyima’s Bantaba Media Platform profiles four innovators across East and Southern Africa who are not only talking about change but building it from the …

The Friedrich Naumann Foundation for Freedom (FNF), in partnership with Nyima’s Bantaba Media Platform, is spotlighting changemakers who are transforming narratives and reshaping Africa’s future. As part of a series of interview publications (VOD & Podcast), four innovators across East and Southern Africa who are not only talking about change but building it from the ground up are spotlighted. When …

At an online information session hosted by GAIDI gUG on 22 July 2025, the RESTART programme was introduced to members of the African community in Berlin. Presented by Ingo Müller of Social Impact gGmbH, the session offered a comprehensive overview of this initiative, which aims to empower people with refugee and migration backgrounds to pursue self-employment and economic independence in …

The Afrika-Verein der deutschen Wirtschaft (German-African Business Association) has welcomed the incoming German coalition government’s recognition of Africa as a strategic partner and its commitment to enhancing economic cooperation. However, the association emphasizes the need for tangible actions to realize these intentions. In the recently published coalition agreement titled “Verantwortung für Deutschland” (“Responsibility for Germany”), the CDU, CSU and SPD …

Zvilo, a working capital lender to businesses in the EU, Türkiye, Africa, and the Middle East, has made a strategic appointment with Peter Maila joining the business. Peter will spearhead Zvilo’s African expansion as CEO of Zvilo Africa and serve on executive committees at Zvilo global level. Maila joins Zvilo from FMO, the Netherlands-based entrepreneurial development bank where he was …

The Ministry of Energy of the Republic of Côte d’Ivoire and German engineering firm GAUFF GmbH & Co. Engineering KG will sign a landmark contract for an off-grid electrification project on 19 March. The signing ceremony, which will hold during the Berlin Energy Transition Dialogue 2025, marks a major milestone in the growing collaboration between Germany and African nations in …

Nigeria and Germany are deepening their economic collaboration through initiatives aimed at enhancing vocational training, fostering skilled migration and stimulating investment opportunities. A recent meeting in Abuja between Nigeria’s Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, and a delegation from Germany’s IHK Giessen-Friedberg Chamber of Commerce and Industry underscored these efforts. Dr Oduwole highlighted the alignment between Germany’s …

Berlin is set to host the 11th German-African Agribusiness Forum on 20 January 2025. Under the theme “Sustainable Agriculture and Rural Development through Regional Adaptation and Innovation”, the event will convene policymakers, industry leaders and stakeholders from Africa and Germany to explore transformative strategies for agricultural development. The forum, organized by the German-African Business Association (Afrika-Verein) and the German Agribusiness …

The Lagos State Government has inaugurated a Diaspora Real Estate Desk to streamline property investments for Nigerians abroad. The initiative, unveiled recently, is a partnership between the Lagos Lands Bureau and the Lagos State Office of Diaspora Affairs, aiming to address common challenges diaspora investors face in navigating Nigeria’s real estate market. Governor Babajide Sanwo-Olu emphasized the program’s importance in …

Governor Peter Mbah of Enugu State has called on German investors to capitalize on the state’s investor-friendly climate and growing economic potential. Speaking as a guest of honour at a Lagos event hosted by Germany’s Consul General, Weert Bomer, to commemorate 34 years of German reunification, Mbah underscored the importance of fostering bilateral economic ties. Mbah highlighted the achievements of …

In a world where so many Nigerians live far from their homeland, it can be hard to show up for those important moments in the lives of their loved ones. Whether it’s a birthday, a wedding, an anniversary or just because you miss someone, A cake-gifting service can help you send a sweet reminder that no matter where you are, …

On Saturday, 26 October, the dynamic partnership between Black Business Matters and SIPAB (Strengthening the International Presence of African Business) will present an exciting opportunity for Black entrepreneurs and businesses to connect, share ideas and foster meaningful relationships. The event, taking place in Berlin, aims to bring together Black business owners, entrepreneurs and professionals to form lasting business connections and …

The 7th Nigeria Diaspora Investment Summit (NDIS) will take place from 5-7 November at the State House Conference Center, Presidential Villa, Abuja. This year’s theme, “Adapting Stability Through Diaspora Investment: Navigating The Path To Prosperity,” reflects the critical role that the Nigerian diaspora plays in shaping the nation’s economic stability and future development. The NDIS is convened by Nigerians in …

Founders can prepare diligently for M&A exits by identifying the right pools of buyers, stress-testing business plans and clearly defining value propositions Impacted by global economic issues and geopolitical tensions, African companies have faced a challenging 12 months in terms of VC-backed activity. However, for any founders considering their best route to a profitable exit, one option has emerged as …

The recent China-Africa Forum in Beijing has highlighted the urgent need for Germany and the European Union to reassess and strengthen their strategic approach towards Africa, according to the German-African Business Association. As China continues to deepen its economic and political ties with the continent, Germany risks falling behind in what some are calling the “African century”, the group opines …

Owning a house in their home countries is a common investment diaspora Africans have to make. They do so for a variety of reasons. Building a home at home is like building a future at home as many migrants would like to spend life after retirement in their countries of origin. Some also build to provide a home for ageing …